Duties and Responsibilities: 

Coordinate the overall operation of the Finance Departments. 

• Ensure that departments are equipped with relevant functioning hardware and software for efficient functioning of cooperative 

• Mandatory, manage and optimize the use of the Temenos system for core banking, reporting, and financial operations. 

• Serve as a custodian on cash matters: keep safe keys Report on the cooperative’s financial status and external operating environment 

• Ensure timely preparation of branch and consolidated trial balances on monthly basis formatted according to standards required by Ministry of Cooperatives and donors  

• Prepare monthly reports and analyze ratios required by Agency and other stakeholders 

• Prepare quarterly economic reports 

• Prepare accurate annual financial statements on a timely basis formatted according to standards required by the Agency 

• Prepare annual budgets, funds flow statements, and anticipated capital expenditures to be approved by the general assembly. 

• Monitor and manage the cooperative’s budget according to approved budgets 

• Ensure that the budget allocations are not exceeded and revenue targets are met and advise management accordingly. 

• Develop and implement cost control measures to reduce operational costs based on targets agreed upon with the General Manager. 

• Develop, maintain and oversee implementation of effective procedures to expand loan portfolio and manage credit risk.  

• Grow portfolio and maintain delinquency rates that meet orexceed target levels agreed upon with General Manager or specified in strategic plan. 

• Ensure effective and safe utilization of the Cooperative’s assets. 

• Ensure that each branch holds sufficient but not excess liquidity according to policies and procedures. 

• Ensure that the financial structure meets targets agreed upon with the General Manager or specified in strategic plan that increasingly adhere to international standards. 

• Ensure investments are prudent 

• Perform any other professional duty that may be assigned 

• Education 

Job Requirements

• Bachelor’s Degree/ Master’s Degree in Accounting /Finance, MBA or any related  field. 

• Professional course in accounting is an added advantage 

Experience 

• 5 years for Bachelors and 3 years Masters  

• Proven experience in similar position or 1 years supervisory role for Bachelors  

• Industry Experience will be an added advantage). 

Required Skills 

• Individual with strong analytical skills and ability 

• Excellent communication skills and work productivity 

• Outstanding organizational and leadership skills 

• Problem-solving aptitude 

How to Apply

Apply through THIS LINK